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Israeli Exports to Arab Countries on the Rise
(Jerusalem Post) Tal Muscal - Israel has a new trading partner, Iraq. It sold $2 million worth of defense and consumer goods to the U.S. Army stationed there in the first quarter of 2004, the Israel Export and International Cooperation Institute reported Thursday. Based on its quarterly survey, exports to Arab countries rose 78% in the first quarter to $38 million. Some $3m. worth of exports were also sold to Arab states, through third-party companies, usually in Europe. Most of the increase was in exports to Jordan and Egypt.